OFF MARKET

1397-1457 Diggers Rest-Coimadai Road
Toolern Vale VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 206400m2
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Property Details for 1397-1457 Diggers Rest-Coimadai Rd, Toolern Vale

Building Type
Commercial
Land Size
206400m2
Local Government
Melton
Lot/Plan
3/LP135628

Last Listing description (February 2024)

Land Banking on the Future - 20.69 HA (51 Acres)
LJ Hooker is proud to present this is a unique opportunity for investors and land bankers to secure such a big parcel in Toolern Vale. If you love a country atmosphere and a marvellous feeling of freedom yet want to be close enough to town facilities, then your search is over. House comprises of 3 bedrooms, lounge, dining, kitchen, family room, great undercover outdoor entertaining area, carport, historic stone house, machinery shed, 2 dams, seasonal creek, 8 divided paddocks, loose box, 2 stables and tack room.

Key Features:

- 10 minutes drive to Wood grove shopping centre
- Close to local amenities of Melton
- 45 minutes to CBD and 35 minutes to Melbourne airport
- Flexible settlement terms
- Total land size is 20.69 HA (approximately 51 acres) under Green Wedge Zone

Property History for 1397-1457 Diggers Rest-Coimadai Rd, Toolern Vale, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$900,000
09 Sep 2014
  • 11 Nov 2022
    Listed for Sale Contact Agent
  • 01 Jun 2015
    Listed for Sale $945,000
  • 09 Sep 2014
    Sold for $900,000
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About Toolern Vale 3337

The size of Toolern Vale is approximately 96.4 square kilometres. It has 1 park covering nearly 6.7% of total area. The population of Toolern Vale in 2011 was 879 people. By 2016 the population was 732 showing a population decline of 16.7% in the area during that time. The predominant age group in Toolern Vale is 40-49 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolern Vale work in a clerical occupation. In 2011, 84% of the homes in Toolern Vale were owner-occupied compared with 87% in 2016.

Toolern Vale has 382 properties. Over the last 5 years, Houses in Toolern Vale have seen a 16.40% increase in median value. As at 31 July 2024:

  • The median value for Houses in Toolern Vale is $808,100 while the median value for Units is $454,466.
There are currently 5 properties listed for sale, and no properties listed for rent in Toolern vale on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Toolern vale.

Suburb Insights for Toolern Vale 3337

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.